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Skin in the Game

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About this book

From the author of The Black Swan, this Incerto volume argues that having skin in the game, sharing in the risks and consequences of one's decisions, is essential to fairness, ethics, and knowledge. Taleb shows how hidden asymmetries distort risk, politics, religion, and finance when decision-makers face no downside, and lays out how to detect nonsense, act with integrity, and live and judge by genuine exposure.